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republicans in this fight than grover norquist. he's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that
. the big, brand new nbc "wall street journal" poll, and the revived gang of six which the white house is seizing on to give new life to the president's push for a big deficit reduction deal. the bipartisan group's proposal is still in outline form. they would reduce the deficit by 3.7 trillion over the next decade, cutting discretionary spending, defense spending, overhauling entitlement programs, rewriting the tax code by lowering rates, getting rid of deductions that overall would generate a trillion dollars in those deficit cuts. the plan got an enthusiastic reception from the white house and senate rank and file. watch. >> we now have a bipartisan group of senators who agree with that balanced approach. we have got the american people who agree with that balanced approach. >> 49 senators came to the room, and you know what, there were no fist fights, there were no -- there was no swearing. >> i think they're creating a vital center on what is the most important issue facing the country. >> it is a great start and it has provided great leadership. >>> but senate leaders mitch mccon
the two minnesotans continues. tim pawlenty went after michele bachmann. >> there's a big difference in talking about things and getting them done. >> this is the third day in a row where we have seen tim pawlenty heat up in his rhetoric against michele bachmann. it's clearly trying to set up the two of them as they go mono on mono for this straw poll. what is interesting, there was a republican debate before the straw poll that takes place in iowa. so instead of everyone going after mitt romney, it's clear that there's going to be a little mini debate going on. all of that in the shadow of what is going on with rick perry and chris christie showing up. lots to go through. we're going to get to that later in the show. let's get to the big story. there's one week left to raise the debt ceiling. two sides feel like they are farther apart than ever. serving on the budget committee, senator, let's start with what is on the table. can you support harry reid's plan as it stands right now in the united states senate? >> no. but i don't think that we're that far apart, chuck. if you take the
house back to the table, back to talking about something big. now, look, we still got a long ways to go. it's a weekend of sales jobs going on right now that actually began last night when the president had the congressional democratic leadership over to start talking turkey. so that brings us to the other sticking point, the actual substance. everybody has to figure out what to cut. this isn't going to be as easy as folks think and both sides are moving toward a deal that would include a trigger to assure mutually destructive politically when it comes to the two big items being kicked to committees or joint committees and that's still being figured out, tax and entitlements. one incentive plan would kill bush tax cuts for the rich and key portions of the new health care law if somehow the reforms for the tax code and social security and medicare weren't agreed to and implemented by january 1st, 2013. the question is, is the penalty on the bush tax cuts sort of the idea that you're kicking this down, is that going to be enough to assuage some democrats who believe there's too many cuts
big change in the miles per gallon for u.s. automakers. a hyche change. of course, the focus is on the debt talks. >>> you're watching "the daily rundown" only on msnbc. ooo whatcha got there? uh oh, sesame stir fry from lucky dynasty. oh, me too! but mine's lean cuisine, so no preservatives. [ female announcer ] lean cuisine has 90 dishes with no preservatives and quality ingredients like farm-picked broccoli and tender white meat chicken. lean cuisine. energy is being produced to power our lives. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i
the possibility of doing something bigger. >> look, here's where things stand. there are three different big deals out there. number one is what the president and speaker boehner and eric cantor are negotiating, which is, yes, a big deal that is separate from anything the gang of six in the senate is working on. and then of course there's mcconnell-reid. one thing that's going on in the last 24 to 48 hours, is any deal that's mcconnell-reid that includes this idea of sort of the disapproval vote, giving the president more power to raise the debt ceiling, that thing has grown to the point of almost being toxic with some house republicans. in fact, they hate it so much, they may prefer to negotiate with the president directly. but for the white house, getting the 217 means making a deal acceptable to at least some of those houses with 87 new members. the man who's made himself their standard bearer, majority leader eric cantor put it this way. >> one-third of the republican conference and one-quarter of the entire house of representatives are freshmen, they're new. many of them have never served in
. the white house rejects any sort of nine-month option. despite the drama, is a big deal still in the cards? and as thing keeps reeling, proof congress is broken beyond repair. some say this congress is the worst ever and he's seen lots and lots of bad ones. >>> to the iowa straw poll break the back of a campaign? sure looks like it. tim pawlenty and michele bachmann going toe to toe lashing out at each other. >>> good morning. this is "the daily rundown," i'm which t chuck todd. >>> house speaker john boehner and harry reid have separate plans in the works to raise the debt ceiling before next tuesday's deadline. house republicans are flat out dismissive of reid's plan for a $2.7 trillion cut since a trillion of the cuts are not really new but simply counting the saving from the wind down of the wars in iraq and afghanistan. senate republicans say reid was with them on a two-step increase process, but that the white house shot that down. and the white house says it's all up to boehner to find a way forward. now, pressure is mounting, so is anxiety over the markets. here's white house chief
't mean anything in the big picture other than being very successful in getting the democratic senate and the white house to start talking about spending reductions as opposed to just raising the debt ceiling, so we have been successful that way. but ultimately because the's di don't have a parliamentary system -- >> you just said this word, i just saw jim demint this morning on another news program talk about, you know, no, you know, said no to the boehner plan and he's arguing against the boehner plan, campaigning against it. what do you tell folks who look up to jim demint in that republican conference of yours? >> well, first of all, i think the majority of our colleagues believe that it's important to give our leadership support, number one, number two, when people really stop to think of how far we have moved the discussion from raising taxes to only lifting the debt limit to being able to cut spending at the same rate, then they have to consider it as being quite successful, i think. but at the end of the day, i do believe that my colleagues think that the country has to come f
chided leaders for missing a big opportunity. >> i think that any plan that simply says, you know, think about this later essentially, and we're going to try and figure out how things went wrong to blame it on the other party is a terrible mistake. we cannot go to august 2nd and tell the rest of the world because we're having this fight in our sandbox back here that we're going to essentially default on obligations of the united states for the first time in our history. that's a level of -- of immaturity that i don't believe this congress is up to. >> warren buffett was at the white house, and the white house talked to reporters this morning. david brooks calls out republican groups who he says decided not to seize the chance to usher in the largest cut in the size of government in american history. he also added, they do not see politics as the art of the possible. they do not believe in seizing opportunities to make steady, messy progress towards conservative goal. they believe if they can remain pure in their faith, some day their party will win a total and permanent victory over its
of the things that aides don't necessarily want to shine a big bright light on. what we have been told is that certainly the senior level staffers who, as you understand, are critically important in that, they do a lot of the heavy lifting in negotiations, so the top man for speaker boehner, top man for majority leader reid have had some communication. it kind of hit a wall when it seemed like there wasn't a heck of a lot left to say until the house sort of worked through this process that we think will come to a head today and kind of the wave, point where it seemed like boehner didn't have the votes then the rejiggering of the plan. aides tell me they think that the new number coming from the congressional budget office scoring the boehner plan, gives some credibility to members because those who were the loudest voices saying they want aides can look at this and say they didn't just try to push it through and ignore the congressional budget office, they went back and tried to fix it and admitted they fell short the first time around. they're hoping that will lend some goodwill to th
Search Results 0 to 9 of about 10